Global Calcium Carbonate Market

Calcium Carbonate Market Size, Share, Growth Analysis, By Type (Ground Calcium Carbonate (GCC), Precipitated Calcium Carbonate (PCC)), By End-User (Paper, Plastic, Paints & Coatings, Adhesives), By Region - Industry Forecast 2025-2032


Report ID: SQMIG15E2135 | Region: Global | Published Date: December, 2024
Pages: 157 | Tables: 68 | Figures: 75

Calcium Carbonate Market Dynamics

Calcium Carbonate Market Driver

  • One of the essential basic ingredients used in the creation of paper and polymers is calcium carbonate. The APAC calcium carbonate market is observing significant demand for paper from a variety of end-use industries despite the rapid digital change. The use of paper packaging has expanded as a result of the economic growth in APAC's developing nations. The majority of the consumer paper produced in the region is produced in China, India, and South Asian nations. The growth of the e-commerce industry in China and India has also increased demand for corrugated packaging materials. The food, medical, educational, stationery, and personal care industries all employ paper packaging.

Calcium Carbonate Market Restraint

  • One of the most important factors affecting the production in calcium carbonate market is the higher chances of non-availability of raw material in the required quantity at any time. To ensure the desired quantities are available all the time, the manufacturing facility has to design to required scale that majorly includes a reserve capacity that can be used for production if technical difficulties arise. To ensure supply reliability, a logistics system that allows for rapid transfer of supply from one production site to the other must be established. Simultaneously, transportation expenses must be kept within economically reasonable ranges. The logistics costs for calcium carbonate stands at around 25% of the selling price. However, it may tend to differ from time to time.
  • Various companies have recently increased the price of products made from calcium carbonate to address th issue of increased the price of raw materials and transport. The extra cost of carrying PCC from the manufacturing site to the paper mill raises the entire transportation cost. As a result, Mineral Technologies, one of the leading companies, is establishing satellite operations near paper mill manufacturing facilities to minimize costs. To save money, some companies transport calcium carbonate in a liquid state, although it may have an effect on product quality. As a result, the rising cost of transporting calcium carbonate from one location to other acts is likely to leave negative impact on the calcium carbonate market during the forecast period.
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FAQs

Global Calcium Carbonate Market size was valued at USD 42 billion in 2022 and is poised to grow from USD 44.7 billion in 2023 to USD 74.1 billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031). 

The global calcium carbonate market is highly competitive, which ca be attributed to the strong presence, local and international players throughout the value chain, including mining operations, processing facilities, and the application sector. In order to sustain the market competition, the players are engaging in various growth strategies that majorly includes mergers and acquisitions. With the outbreak of coronavirus in 2019, the competitive scenario became quite intense, with various players trying to bridge gap created due to standstill operation during first 6 months of pandemic. 'AGSCO Corp. ', 'Carmeuse ', 'Blue Mountain Minerals ', 'GCCP Resources ', 'GLC Minerals, LLC ', 'Greer Limestone Company ', 'Gulshan Polyols Ltd. ', 'ILC Resources ', 'Imerys ', 'Mineral Technologies ', 'Mississippi Lime ', 'Omya ', 'The National Lime & Minerals, Inc. ', 'Solvay SA ', 'Excalibar Minerals LLC ', 'Midwest Calcium Carbonates LLC ', 'Cales de Llierca S.A. ', 'Sibelco Group ', 'Yuncheng Chemical Industrial Co. Ltd. '

One of the essential basic ingredients used in the creation of paper and polymers is calcium carbonate. The APAC calcium carbonate market is observing significant demand for paper from a variety of end-use industries despite the rapid digital change. The use of paper packaging has expanded as a result of the economic growth in APAC's developing nations. The majority of the consumer paper produced in the region is produced in China, India, and South Asian nations. The growth of the e-commerce industry in China and India has also increased demand for corrugated packaging materials. The food, medical, educational, stationery, and personal care industries all employ paper packaging.

Calcium carbonate is one of the essential raw materials required in the production of paper and plastics. The use of paper packaging has increased to a great extent as a result of the ban imposed by several goverments including India from Asia Pacific calcium carbonate market. On the other hand, China, India, and South Asian countries are the largest paper consumers. Furthermore, these countries have started witnessing high demand for paper as result of rapidly expanding e-commerce industry., especially in India and China. Apart from e-commerce, the regional calcium carbonet market is witnessing high demand coming from Food, healthcare, education and stationery, and personal care industries for paper packaging.

In 2021, Asia Pacific dominated the global market, accounting for more than 37% of total revenue. The region is expected to grow at a consistent CAGR from 2022 to 2028 as a result of increased investments in infrastructure development and manufacturing industry. However, the pandemic has had a significant impact on manufacturing operations and the supply chain, which hinder the overall market growth to some extent.

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Global Calcium Carbonate Market

Report ID: SQMIG15E2135

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